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Autodesk: What’s Next after Cloud Transition?

Autodesk (ADSK) is underway with the transition to a cloud-based subscription business model, where customers pay ongoing subscription fees instead of one-time software license purchases. Many Autodesk customers have transitioned to cloud-based subscriptions. But there are about 2.0 million customers still on legacy software licenses, and the company is working to get them to transition to subscriptions.